Maputo, 14 Jun – The Mozambican Minister of Mineral Resources, Estêvão Pale, has encouraged the private sector to boost its investment in order to expand the country’s electricity grid.
According to the minister, who was speaking at the V Business Conference on Renewable Energies in Mozambique (RENMOZ-2026), in Maputo, the recent approval of the electricity law responds to the government’s need to attract more investment to Mozambique, bringing more transparency and legal certainty.
“Mozambique believes in balanced and inclusive energy transition, recognizing the fundamental role of renewable energies in the expansion, access to energy and the reduction of emissions. We understand that different countries maintain distinct realities”, he said.
The minister explained that natural gas will continue to play a relevant role as a transitional energy source, contributing to energy security, industrialization, revenue generation for the country’s development, and the gradual integration of renewable sources into the national energy matrix.
“Our energy resources are abundant and diversified, with more than 18 Gigawatts of hydroelectric power, 23 Gigawatts of solar power, and resilient wind resources in various coastal and inland regions”, he said.
“These resources constitute a base that has contributed to the government building a diversified portfolio of energy projects, creating opportunities for national and international investment”, he added.
He emphasized that the private sector occupies a central place in the implementation of the Mozambican executive’s energy vision.
For his part, Ricardo Pereira, head of the country’s Renewable Energy Association (AMER), said that within the framework of the Global Gateway Initiative, the European Union (EU) confirmed 300 million Euros (347.1 million US dollars at the current exchange rate) for investment in the country, of which 178 million Euros is earmarked for the energy, agribusiness, digital transformation, and other sectors.
“The EU ambassador made it clear that through RENMOZ, additional and coherent results will be achieved. We will announce some key points for the private sector and other projects based on renewable energies,” he said.
Mayra Pereira, head of Lusophone Renewable Energy Association (ALER), explained that in recent years “Mozambique revealed a clear vision for its energy future, placing the energy transition at the center of the development, competitiveness, inclusion, and climate resilience agenda.”
“We continue this journey, but with increased responsibility, transforming interest into commitment, investments, and concrete results for the country and its communities”, she said.
(AIM)
MR/mAm/
